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8 Castle Street, Reading

Guide Price
£470,000

£190.90 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

2,462 sq ft

229 sq m

SECTOR

High street retail property for sale

Key features

  • A four storey freehold mixed use investment opportunity
  • GF & Basement retail unit let at £17,400 p.a. for a term of 10 years from 2017
  • (Agreement for lease has been agreed for a further 10 years at £20,400 p.a.)
  • Two bedroom flat let to a private individuals on an AST for £1,395 pcm
  • Split level one bedroom flat under offer at £995 pcm
  • Total GIA approx. 2,462 (228.72 sq m)
  • Investment currently let at £34,140 per annum - Part Vacant

Description

A freehold four storey mixed use building arranged as a ground floor and basement retail unit with a 2 bedroom flat and a split level one bedroom flat above.

Total GIA approx. 2,462 (228.72 sq m).

Investment let at £34,140 per annum - Part Vacant.

The property is located on the North side of Castle Street, which is accessed from A329 and St Mary's Butts. Nearby occupiers include BrewDog, Broad Street Mall, and may other independent shops, restaurants and bars are also located closeby.

Reading Train Station - CrossCountry, Elizabeth Line, GWR, South Western Railway.

Brochures

8 Castle Street, Reading

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Reading Station0.4 miles
  • Reading West Station0.7 miles
  • Reading Green Park Station2.2 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference E0F2D718-FDEB-4887-97CF-31445EC0955A. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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